Van Hulzen Asset Management LLC Acquires 7,467 Shares of Qualys, Inc. $QLYS

Key Points

• Van Hulzen Asset Management increased its Qualys stake by 37.6% in the second quarter, acquiring 7,467 shares and bringing its holdings to 27,342 shares valued at approximately $3.76 million. Institutional investors collectively own 99.31% of QLYS.
• Analysts raised several price targets, including Scotiabank’s increase to $220, but the overall consensus remains “Hold” with an average target price of $170.53.
• Qualys exceeded quarterly expectations, reporting $1.98 in EPS versus the $1.78 consensus and revenue of $182.18 million. Revenue rose 11.1% year over year, while insiders sold 58,144 shares worth approximately $7.7 million over the past 90 days.

Van Hulzen Asset Management LLC boosted its stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 37.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,342 shares of the software maker's stock after acquiring an additional 7,467 shares during the quarter. Van Hulzen Asset Management LLC owned about 0.08% of Qualys worth $3,759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strive Financial Group LLC bought a new position in shares of Qualys during the 4th quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. lifted its position in Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker's stock worth $28,000 after buying an additional 143 shares during the last quarter. Kilter Group LLC bought a new stake in Qualys in the second quarter worth $31,000. Continuum Advisory LLC purchased a new position in Qualys during the second quarter worth $33,000. Finally, Root Financial Partners LLC raised its stake in shares of Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock valued at $26,000 after acquiring an additional 200 shares during the period. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on QLYS shares. JPMorgan Chase & Co. boosted their price objective on shares of Qualys from $139.00 to $150.00 and gave the company a "neutral" rating in a research report on Monday, July 27th. DA Davidson increased their target price on Qualys from $135.00 to $165.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Scotiabank raised their price target on shares of Qualys from $190.00 to $220.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Northland Securities set a $208.00 price target on shares of Qualys in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Qualys from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $170.53.

Insider Activity at Qualys

In related news, CFO Joo Mi Kim sold 1,627 shares of Qualys stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $153.04, for a total value of $248,996.08. Following the sale, the chief financial officer directly owned 75,743 shares in the company, valued at approximately $11,591,708.72. The trade was a 2.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas Berquist sold 939 shares of Qualys stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $110.75, for a total value of $103,994.25. Following the completion of the sale, the director owned 6,781 shares in the company, valued at approximately $750,995.75. The trade was a 12.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 58,144 shares of company stock valued at $7,696,795. Insiders own 0.72% of the company's stock.

Qualys Stock Performance

QLYS stock opened at $170.17 on Thursday. Qualys, Inc. has a one year low of $74.51 and a one year high of $201.54. The firm's fifty day moving average is $166.04 and its 200 day moving average is $121.79. The firm has a market cap of $5.89 billion, a PE ratio of 29.44 and a beta of 0.62.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.20. The company had revenue of $182.18 million for the quarter, compared to the consensus estimate of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.Qualys's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.68 earnings per share. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Research analysts predict that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

About Qualys

Qualys, Inc NASDAQ: QLYS is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company's flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.

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